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Montgomery County, MD Foreclosure Auctions, Trustee Sales, Homes For Sale, Harvey West Auctioneers

By
Industry Observer with Retired

Montgomery County, MD Foreclosure Auctions, Trustee Sales, Homes For Sale, Harvey West Auctioneers

Harvey West Auctions, Auctioneers conducts trustee sales at the county court house entrance.

Trustee sales auctions are open to the public and all qualified bidders. These sales are foreclosures by the secured mortgage lenders. Buyers should carefully read the newspaper advertisements that appear for three weeks before the sale date.  The required deposits must be in the form of cash or certified funds. Most of the bidders use cashier's checks that are payable to themselves and endorse the checks when they are successful. Always check for cancellations before attending trustee sales.

Seek professional advice if you do not have full knowledge of the risks. Since these transactions are not conditioned on the availability of mortgage financing, buyers should always have written pre-approval for financing with disclosure to the lender that the property is being purchased in 'as-is" condition. Normally, the properties are not offered for inspection.

There is competition for homes for sale at trustee sale auctions. The secured mortgage lenders are buying in most of the properties that are sold at the court house auctions. The lenders then offer the homes for sale to the public when they become part of the REO inventory. Contact us for client reports on lender owned homes that are available for purchase. 

Homes for sale at trustee sales are not included on MRIS, the regional multiple listing service. For access to all of the listed homes for sale, including lender owned foreclosures, short sale pre-foreclosures and regular listings of homes for sale, visit Homes Prospector at www.roykelley.com

Harvey West, Auctioneers complete trustee sale schedule:  http://www.hwestauctions

  Life is good in Maryland!

Homes For Sale, Foreclosures, Trustee Sales

Sale Time Deposit (in $k,000) Address City Sale Location AD First Pub
2011-04-06 12:02 PM 25.0 2409 HARMON RD SILVER SPRING MONT CHS 03/18/2011
2011-04-06 12:04 PM 25.0 13227 HATHAWAY DR SILVER SPRING MONT CHS 03/18/2011
2011-04-06 12:06 PM 9.5 7945 OTTER COVE COURT MONTGOMERY VILLAGE MONT CHS 03/18/2011
2011-04-06 12:10 PM 17.2 20502 SHADYSIDE WAY UNIT 36-3 GERMANTOWN MONT CHS 03/18/2011
2011-04-18 01:00 PM 41 12308 JUDSON ROAD SILVER SPRING MONT CHS 04/01/2011
2011-04-18 01:02 PM 54 13625 TURNMORE ROAD SILVER SPRING MONT CHS 03/31/2011
2011-04-18 01:04 PM 14 2303 GREENERY LANE NO.T2 SILVER SPRING MONT CHS 03/31/2011
2011-04-18 01:06 PM 50 14214 TRAVILAH ROAD ROCKVILLE MONT CHS 03/31/2011
2011-04-18 01:08 PM 26 728 OXFORD SQUARE DRIVE SILVER SPRING MONT CHS 03/31/2011
2011-04-18 01:10 PM 60 7716 CARROLL AVENUE TAKOMA PARK MONT CHS 03/31/2011
2011-04-18 01:12 PM 19 18736 PIER POINT PLACE MONTGOMERY VILLAGE MONT CHS 03/31/2011
2011-04-18 01:14 PM 34 9919 MAYFIELD DRIVE BETHESDA MONT CHS 03/31/2011
Posted by

Roy Kelley, Retired, Former Associate Broker, RE/MAX Realty Group

Gaithersburg, Maryland  

Comments(6)

Linda D. Pufford
Stage with Divine Style - Home Staging - Novato, CA
ASPM, Marin/Sonoma Home Stager

Hi Roy,

Great localism post... and wonderful advice to seek a professional with a Trustee Sale if a buyer does not have full knowledge in this area.  It would be wise for buyers to contact a professional like you who is very knowledgeable with these kinds of sales!

Apr 05, 2011 02:18 PM
Roy Kelley
Retired - Gaithersburg, MD

Thanks, Linda. It is always a pleasure to hear from you. Most of the homes that are sold at trustee sales are acquired by the secured mortgage lenders. The lenders then offer the homes for sale when they become part of the REO inventory.

Camellia Society Show & Sale at Brookside Gardens, Wheaton Regional Park, Montgomery County, Maryland. Saturday, April 2, 2011. Canon PowerShot S90 camera. Photograph by Dolores Kelley.

Apr 05, 2011 02:35 PM
Aida Pinto
Independent Real Estate Broker - Los Angeles, CA
Real Estate Broker (562) 884-6196

Wow, I guess they're every where....I'm from Foreclosure ground zero!

May 05, 2011 05:48 PM
Roy Kelley
Retired - Gaithersburg, MD

Good morning, Aida. Thanks for stopping by. In our Maryland market, most of the homes sold at trustee sales are bought in by the secured mortgage lenders. The lenders then offer the homes for sale when they become part of the REO inventory.

Have a great day. We have a beautiful sunny morning in Maryland and home buyers will be out to select their new homes. The prices are very attractive and the mortgage interest rates are still low. We even have special programs for first time home buyers.

 Blooming for home buyers!

May 06, 2011 01:37 AM
Marco Giancola
Beachfront Realty - Miami Beach, FL
Realtor (305)608-1922, Miami Beach Florida

Those are some beautiful flower photos. What family is the camillia from? It reminds me of a hydrangia.

Jun 19, 2011 12:48 PM
Roy Kelley
Retired - Gaithersburg, MD

Thanks for stopping by.  Have a great week. I will leave the proper names of the flowers to the experts.

 Blooming for you!

Jun 19, 2011 12:51 PM